Latest US clampdown on China’s chips hits semiconductor toolmakers
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves.
Apple accused of silencing workers, spying on personal devices
Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them from discussing their pay and working conditions.
Inside Amazon’s first Alaska delivery station
ANCHORAGE, Alaska — With Anchorage streets mostly empty early on a November morning, dozens of workers at the new Amazon delivery station used tiny devices on their fingers to scan barcodes on packages. Details appeared on smartphones on their forearms, helping them organize the flood of shipments.
The many faces of NEETs
When they aren’t roasting millennials’ outfits or scrolling on TikTok, how are Gen Z-ers spending their time?
Frequent flyers are rethinking loyalty programs and setting themselves free
When SuzAnn Brantner moved to Indiana from Los Angeles during the coronavirus pandemic, she had been a longtime Delta Air Lines frequent flyer, achieving the highest loyalty status the airline offered: Diamond Medallion. The benefits included expedited security screenings, priority boarding and top preference for complimentary first-class upgrades.
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT — Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year.
How Southwest Airlines lost its groove
BELLINGHAM, Wash. — Three years ago, Southwest Airlines started flying out of Bellingham, Washington, a growing city near the Canadian border, aiming to do what it had done in dozens of smaller airports — sell lots of tickets to people who have few other travel options.
Business in brief for November 25
SEC fines UPS $45M, saying it improperly valued freight business
Should you get a jump on holiday shopping this year?
The day after Thanksgiving — Black Friday — is typically the kickoff to the holiday shopping season. But a San Diego marketing expert thinks bargains can be found as early as this weekend because Turkey Day comes later than usual this year.
As threat of Trump tariffs looms, Europe’s leaders seek greater unity
PARIS — For months, European business leaders have watched as Donald Trump paved a path back to the White House by doubling down on an “America First” economic policy, putting protectionism and business-friendly tax and regulatory pledges high on the agenda.
Coca-Cola’s AI holiday ad sparks controversy for not being the ‘real thing’
For more than a century, Atlanta beverage giant Coca-Cola has released holiday ads that have closely shaped much of the imagery associated with Christmas. Think Santa Claus and polar bears.
Season of sales in full swing as retailers like Target aim to woo weary consumers
The moment political ads disappeared, retailers overtook the airwaves with their pitch to the masses: Holiday shopping season is here.
Bluesky is growing up. Maybe too fast
SAN FRANCISCO — In February 2023, a half-dozen techies introduced a social network prototype in an invitation-only launch. They deliberately debuted their creation, Bluesky, with little fanfare so that they could closely manage its growth.
The streaming wars didn’t kill the little guys. In fact, they’re thriving
Executives from the Hallmark Channel made a curious decision this fall: They started a new streaming service.
Elon Musk is positioning X behind the new Trump presidency
SAN FRANCISCO — Since Donald Trump won the presidential election, Elon Musk has gone all-in on the social network X to promote the incoming administration.
They were ashamed about their debt. Bankruptcy gave them a second chance
In my 20s, while attending law school at New York University by day and concerts by night, I racked up more than $30,000 in credit card debt. I wasn’t thinking about my credit score; I was solely living in the moment.
Unions bet big on Harris. Now they’re bracing for consequences
Besides the Harris campaign and its affiliated political action committees, few economic or political sectors placed larger bets than organized labor on Vice President Kamala Harris winning the presidency.
The anti-DEI agitator that big companies fear most
In early June, Robby Starbuck sat on the patio of his home in suburban Tennessee and recorded an eight-minute monologue on his mobile phone — a no-frills, TikTok-style video titled “Exposed: Tractor Supply Went Woke.”
How a 178-year-old magazine stays relevant, one Instagram post at a time
NEW YORK — On a Tuesday morning in early October, Stellene Volandes, the editor-in-chief of Town &Country, sat around a conference table on the 19th floor in the Hearst Tower with three senior editors. They were intensely debating cover lines for the print magazine’s philanthropy issue, coming out in November with multiple cover subjects, including actress Mariska Hargitay and former football player Michael Strahan.
Here are 5 industries with the most at stake in presidential election
The U.S. election next month will be a clash of visions that reverberates through the global economy for years to come.